This is how one of our clients recently increased their intergenerational wealth by 200%! Effective estate planning and life insurance are essential components of any sound financial strategy. Adding in the complexities of owning a business and planning for its succession, makes their importance even greater. As business owners approach retirement, life insurance stands out […]

In today’s employment landscape, organizations are challenged with balancing competitive compensation while managing company finances effectively. Today’s employees are looking for more than just a competitive salary, they want total compensation that provides overall financial security in relation to the cost of living, healthcare coverage, and a clear path toward retirement. Implement a Group Savings […]

This holiday season, give the gift of education by opening or contributing to a Registered Education Savings Plan (RESP). Whether it is for yourself, your children, grandkids, siblings or even nephews and nieces- an RESP is a powerful tool to support post-secondary academic aspirations. Why an RESP? Rising Costs: Higher education is costly. Annual fees […]

Everyone should have a will as part of their Financial plan, particularly families with young children. Despite its significance, many people overlook the need for a will, often due to perceived misconceptions around cost and complexity. Here are some points why having is so important especially when you have children and how getting one done […]

Should you take CPP early or defer until you’re 70? Our CPP calculator shows your estimated monthly and total payout amounts so you know the best age to start collecting retirement benefits.

In Canada, your principal residence is excluded from any capital gains taxation upon its sale. Any subsequent properties you own, like the family cottage, will incur capital gains taxes upon sale or inheritance. With this, one of the greatest financial challenges your children will face upon inheriting the family cottage is the capital gains tax […]

Whether you’re buying a new home or renewing your mortgage, you will want to protect yourself with insurance – either mortgage insurance or individual life insurance. But which is the better option? Mortgage insurance might seem like the logical choice but it is not what we recommend to our clients. Did you know that individual […]

The federal budget’s proposed increase in the capital gains inclusion rate has some asking: “Should I trigger my gains now?” Some of the loudest noise emanating from the series of budget announcements is how capital gains will be taxed after June 24, 2024. Prior to this date, when you have a gain on the sale […]

Life Insurance protection is one of those necessary “nuisance expenses” for those of us who generate income for our families – income that would disappear if we suffered an early death. If you have a chronic health condition, the ability to purchase life insurance is not a nuisance, but a priority to protect your family. […]

As 2023 comes to a close, it is important to consider financial contribution deadlines, like the one within an RESP savings account. READ: University campus tours are in full swing. But even parents with RESPs lack an education financial plan – The Globe and Mail An RESP savings account is a key component in preparing […]